Bitcoin short mid term elliot waves idea
Updated
The red lines are the support and resistance level signed to see the price of the waves analysis. Wave 5 can be extended/truncated or regolar ,if regolar bitcoin is going to test 8400-8800,if extended his going to test 10500-11800 area. Now we are in the wedge retracing to complete wave 4. "ABC" levels are signed up there. if got any question just comment. If you like my efforts just leave a like and follow :)
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Actual update on btc, trade with divergence and wedge working so well! macd near to cross on 4h 7500-7600 here we coming! I got advise to watch for 7200 level if 7500 got broke,im still unsure on that,will look forward it!
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